STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $111.1M | $148.5M | $165.8M | $179.5M | $219.0M | |
| YoY % | +26.1% | +33.8% | +11.6% | +8.2% | +22.0% | |
| P / Sales | 10.6x | 7.0x | 7.3x | 5.9x | 5.1x | |
| EV / Sales | 10.9x | 6.7x | 7.0x | 5.8x | 5.6x | |
| Gross Profit, Adj. | $66.9M | $100.6M | $114.1M | $125.3M | $158.4M | |
| YoY % | +30.4% | +50.5% | +13.4% | +9.8% | +26.4% | |
| Margin % | 60.2% | 67.8% | 68.8% | 69.8% | 72.3% | |
| EV / Gross Profit | 18.1x | 9.8x | 10.2x | 8.3x | 7.7x | |
| EBITDA, Adj. | $-4.2M | $8.5M | $10.5M | $10.5M | $20.3M | |
| YoY % | +48.2% | +302.7% | +24.3% | -0.6% | +94.3% | |
| Margin % | -3.8% | 5.7% | 6.3% | 5.8% | 9.3% | |
| EV / EBITDA | -289.0x | 116.8x | 111.0x | 99.0x | 60.3x | |
| EBIT | $-19.0M | $-2.1M | $-151,000 | $935,000 | $5.8M | |
| YoY % | -13.2% | +89.0% | +92.8% | +719.2% | +525.3% | |
| Margin % | -17.1% | -1.4% | -0.1% | 0.5% | 2.7% | |
| EV / EBIT | -63.5x | -472.9x | -7740.9x | 1108.1x | 209.9x | |
| Net Income | $-21.5M | $-3.4M | $3.1M | $4.1M | $-640,000 | |
| YoY % | +46.8% | +84.0% | +190.6% | +30.7% | -115.8% | |
| Net Margin | -19.3% | -2.3% | 1.9% | 2.3% | -0.3% | |
| EPS (GAAP) | -$0.58 | -$0.09 | $0.08 | $0.10 | -$0.02 | |
| YoY % | +50.4% | +84.5% | +188.9% | +25.0% | -120.0% |